Essent Stock Options
| ESNT Stock | USD 52.67 0.34 0.65% |
Essent's option chain provides insight into all available option contracts written on Essent's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Essent's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Essent option contract.
In The Money vs. Out of Money Option Contracts on Essent
Analyzing Essent's in-the-money options over time can help investors to take a profitable long position in Essent regardless of its overall volatility. This is especially true when Essent's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Essent's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Essent's stock while costing only a fraction of its price.
Essent's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 0.0 with a put-to-call open interest ratio of 1.45 over 24 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-04-19. The current put volume is at 0, with calls trading at the volume of 0. This yields a 0.0 put-to-call volume ratio. The Essent option chain provides detailed quote and price information for the current Essent Group option contracts. It shows all of Essent's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-04-19 Option Contracts
Essent option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Essent's lending market. For example, when Essent's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Essent, he or she must hedge the risk by shorting Essent stock over its option's life.
2024-04-19
The chart above shows Essent's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Essent's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Essent's option, there is no secondary market available for investors to trade.
Essent's stock options are financial instruments that give investors the right to buy or sell shares of Essent Group common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Essent stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Essent's stock price goes up or down, the stock options follow.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essent Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Please note that buying 'in-the-money' options on Essent lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Essent's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Essent contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Essent Stock moves the wrong way.
At this time, Essent's Total Stockholder Equity is comparatively stable compared to the past year. Capital Stock is likely to gain to about 1.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 3.3 B in 2024. Essent Current Options Market Mood
Essent's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Essent Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Essent's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Essent's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Essent's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Essent contract
Base on the Rule 16, the options market is currently suggesting that Essent Group will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-04-19 option contract. With Essent trading at USD 52.67, that is roughly USD 0.0. If you think that the market is fully incorporating Essent's daily price movement you should consider buying Essent Group options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Essent |
Purchasing Essent options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Essent calls. Remember, the seller must deliver Essent Group stock to the call owner when a call is exercised.
Essent Option Chain
When Essent's strike price is surpassing the current stock price, the option contract against Essent Group stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Essent's option chain is a display of a range of information that helps investors for ways to trade options on Essent. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Essent. It also shows strike prices and maturity days for a Essent against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-04-19 CALL at $30.0 | 0.9256 | 0.0059 | 0 | 2024-04-19 | 21.6 - 25.0 | 23.69 | In |
Call | 2024-04-19 CALL at $35.0 | 0.9257 | 0.0086 | 0 | 2024-04-19 | 15.9 - 20.0 | 0.0 | In |
Call | 2024-04-19 CALL at $40.0 | 0.8687 | 0.0149 | 0 | 2024-04-19 | 11.8 - 15.0 | 0.0 | In |
Call | 2024-04-19 CALL at $45.0 | 0.8328 | 0.0279 | 15 | 2024-04-19 | 6.4 - 10.0 | 10.2 | In |
Call | 2024-04-19 CALL at $50.0 | 0.7056 | 0.0714 | 2 | 2024-04-19 | 1.55 - 5.0 | 6.9 | In |
Put | 2024-04-19 PUT at $55.0 | -0.6476 | 0.0622 | 22 | 2024-04-19 | 1.3 - 4.0 | 0.6 | In |
Put | 2024-04-19 PUT at $60.0 | -0.764 | 0.0346 | 2 | 2024-04-19 | 5.4 - 8.8 | 6.93 | In |
Put | 2024-04-19 PUT at $65.0 | -0.9259 | 0.0188 | 0 | 2024-04-19 | 11.2 - 14.6 | 0.0 | In |
Put | 2024-04-19 PUT at $70.0 | -0.813 | 0.0182 | 0 | 2024-04-19 | 15.2 - 19.0 | 0.0 | In |
Put | 2024-04-19 PUT at $75.0 | -0.8456 | 0.0148 | 0 | 2024-04-19 | 21.2 - 23.8 | 0.0 | In |
Put | 2024-04-19 PUT at $80.0 | -0.8088 | 0.0131 | 0 | 2024-04-19 | 25.1 - 29.5 | 0.0 | In |
Put | 2024-04-19 PUT at $85.0 | -0.8817 | 0.0114 | 0 | 2024-04-19 | 30.6 - 33.6 | 0.0 | In |
Essent Common Stock Shares Outstanding Over Time
The total number of shares of a company's common stock that are currently owned by all its shareholders. Common Stock Shares Outstanding |
| Timeline |
Essent Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
| Timeline |
Essent Total Stockholder Equity
Total Stockholder Equity |
|
Be your own money manager
Our tools can tell you how much better you can do entering a position in Essent without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Transaction History Now
Transaction HistoryView history of all your transactions and understand their impact on performance |
| All Next | Launch Module |
Essent Corporate Directors
Essent corporate directors refer to members of an Essent board of directors. The board of directors generally takes responsibility for the Essent's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Essent's board members must vote for the resolution. The Essent board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Allan Levine | Independent Director | Profile | |
| Aditya Dutt | Independent Director | Profile | |
| Roy Kasmar | Independent Director | Profile | |
| Angela Heise | Independent Director | Profile |
Already Invested in Essent Group?
The danger of trading Essent Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Essent is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Essent. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Essent Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Essent Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Essent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Essent Group Stock. Highlighted below are key reports to facilitate an investment decision about Essent Group Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essent Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Essent Stock analysis
When running Essent's price analysis, check to measure Essent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essent is operating at the current time. Most of Essent's value examination focuses on studying past and present price action to predict the probability of Essent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essent's price. Additionally, you may evaluate how the addition of Essent to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
Is Essent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essent. If investors know Essent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.199 | Dividend Share 1 | Earnings Share 6.5 | Revenue Per Share 10.215 | Quarterly Revenue Growth 0.242 |
The market value of Essent Group is measured differently than its book value, which is the value of Essent that is recorded on the company's balance sheet. Investors also form their own opinion of Essent's value that differs from its market value or its book value, called intrinsic value, which is Essent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essent's market value can be influenced by many factors that don't directly affect Essent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.